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Microsoft confirms acquisition of AI company Nuance Communications – Source CNET Tech

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Microsoft is close to closing its second largest acquisition ever.


James Martin/CNET

Microsoft has agreed to acquire AI and speech company Nuance Communications in a deal valued at nearly $20 billion, the tech giant confirmed in blog post on Monday. The Burlington, Massachusetts-based company’s technology helped launch Apple’s digital assistant Siri. The deal, which was reported by Bloomberg on Sunday, will help Microsoft deliver “new cloud and AI capabilities across healthcare and other industries,” the company said. 

Microsoft said it will acquire Nuance…

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Source CNET Tech

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